Fail No More.

Minutes ago, during its annual pledge drive, local KERA-owned music-focused radio station KXT 91.7 FM dropped something of a bomb: This summer, the almost two-and-a-half-year-old station -- no stranger to criticism and, of late, some surprising praise -- will throw its first-ever music festival, called the KXT Summer Cut, on June 1 at Gexa Energy Pavilion.

And it's kind of a big deal. The confirmed lineup to date? Oh, just The Flaming Lips, St. Vincent, Fitz & The Tantrums and Clap Your Hands Say Yeah, plus Telegraph Canyon, Air Review, Smile Smile, Quite Corral, Walk Off The Earth and DJ Matt Stafford.